Khazanchi Jewellers Announces Robust Q1 FY26 Financial Performance
Khazanchi Jewellers Limited reported strong Q1 FY26 financial results with a total income of ₹403.84 crore, showing a 5.94% year-on-year growth. The company saw a significant 64.73% increase in PAT, driven by increased demand during festive seasons, high gold prices, and evolving consumer preferences.
- Country:
- India
Chennai, Tamil Nadu: Khazanchi Jewellers Limited, a key player in the Indian jewellery sector, announced promising first-quarter financial results for FY26, reflecting a solid performance surge.
According to the latest unaudited figures, the company's total income reached ₹403.84 crore, marking a 5.94% increase compared to the same quarter last year. The EBITDA rose to ₹21.15 crore, witnessing a substantial 57.07% year-on-year growth, while the EBITDA margin improved by 170 basis points to 5.24%.
Enhancing profitability, the PAT increased by a remarkable 64.73% to ₹15.15 crore, with the PAT margin growing by 134 basis points to 3.75%. Chairman Rajesh Mehta attributes this success to heightened consumer demand driven by festive and wedding seasons, climbing gold prices, and a strategic shift to lighter, high-value designs.
Khazanchi Jewellers is capitalizing on its robust reputation and strategic positioning in the southern Indian market. The firm emphasizes hallmarking, transparent pricing, and agile inventory management as key factors facilitating its growth. Current industry trends and government reforms are also expected to support continued prosperity.
(With inputs from agencies.)
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